Good Morning, News!

Why's this post so late today? How could I possibly justify publishing a morning news digest in the afternoon? Well I got a late start, for one. And I needed a burrito. I'm actually eating that burrito right now. Al pastor. Decent, but hardly transcendent.

This situation in Ukraine, it's bad business. Now the Russian military has mobilized in Crimea and elsewhere, Ukrainian soldiers have been told to open fire if necessary, and President Obama has warned "there will be costs."

That last bit?Not all that clear what it means. As the NYT notes: "The United States has few palatable options for imposing such costs, and recent history has shown that when it considers its interests at stake, Russia has been willing to absorb any such fallout."